28 Tea Lane, Osterville, MA 02655

28 Tea Lane Osterville MA 02655
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Owner Information
Owner 1
Patricia O Nolan
Owner 2
Owner's Address
26 Pilgrim Road Wellesley, MA 02481
Market Sale Information
Most recent sale date
11/7/2016
Previous sale date
5/21/2013
Transfer document #
30071-0047
Previous transfer document
27392-0207
Grantor
William Nolan
Previous grantor
Richard J Shea
Most recent sale price
$10.00
Previous sale price
$730,000.00
Site Information
Property ID
142-158
Lot Size
1.35
Use Code
101 - Residential, single family
Zoning
RC
Building Style
Cape Cod
Number of Rooms
6
Stories
1.5
Number of Beds
3
Year Built
1973
Number of full baths
2
Condition
Number of half baths
1
Finished Area
3028
Number of Kitchen
Gross Living Area
6488
Number of Fireplaces
Bsmnt floot
Number of parking
Interior walls
Drywall
Floor type
Hardwood
Solar Hot Water
No
Roof Structure
Gable/Hip
Heating type
Hot Air
Roof Cover
Asph/F Gls/Cmp
Heating fuel
Gas
Frame type
Air Condition (%)
Sidings
Wood Shingle
Assessment Information
Fiscal Year
2024
Land Value
$562,200.00
Total value
$1,286,900.00
Building value
$639,000.00
Estimated tax
$8,839.00
Yard improvement value
$85,700.00
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Certified Mass Appraisal
Comparable Properties
Mailing Labels $Valuation Report
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
Address 28 Tea Lane Photo Plan Map Proximity Last Sold Price Net Living Area Stories Sale Price/sft $0.00 Style Cape Cod Age 1973 Rooms 6 Bedrooms 3 Full baths 2 Half baths 1 Gross Living Area 6488 Heating Fuel Gas Detached Garage Lot Size 1.35 Roof Cover Asph/F Gls/Cmp AEM Value - Building $639,000.00 AEM Value - Land $562,200.00 AEM Value - Other $85,700.00 AEM Value - Total $1,286,900.00
A) 117 Spice Lane 0.1 6/7/2024 $1,950,000 2,386 1.75 $817.27 Cape Cod 1962 8 4 3 0 5335 Gas 0.3 Asph/F Gls/Cmp $682,800 $466,900 $69,300 $1,219,000
B) 60 Deerfield Road 0.2 6/6/2024 $1,375,000 3,080 1 $446.43 Modern/Contemp 1981 9 4 3 0 8106 Gas 0.61 Asph/F Gls/Cmp $570,800 $364,800 $72,800 $1,008,400
C) 179 Robbins Street 0.2 8/16/2024 $1,200,000 2,379 1.8 $504.41 Colonial 1976 6 4 2 1 4353 Oil 0.28 Asph/F Gls/Cmp $421,800 $329,900 $46,500 $798,200
D) 200 Sturbridge Drive 0.3 7/17/2024 $1,200,000 2,458 1.75 $488.20 Cape Cod 1983 9 3 2 1 5789 Gas 0.44 Asph/F Gls/Cmp $541,000 $341,400 $55,200 $937,600
E) 58 Evans Street 0.3 7/30/2024 $1,500,000 2,360 2 $635.59 Cape Cod 2018 7 3 3 0 3792 Gas 0.3 Asph/F Gls/Cmp $837,700 $331,300 $76,400 $1,245,400
F) 52 David Street 0.3 9/30/2024 $1,400,000 2,534 2 $552.49 Colonial 1998 9 3 3 0 4704 Gas 0.33 Asph/F Gls/Cmp $567,800 $333,500 $53,400 $954,700
G) 290 Starboard Lane 0.5 6/11/2024 $3,050,000 3,576 2 $852.91 Colonial 1997 10 5 3 0 9046 Gas 1.61 Asph/F Gls/Cmp $792,600 $1,165,600 $127,300 $2,085,500
H) 35 Waterfield Road 0.7 6/27/2024 $1,300,000 2,631 1.75 $494.11 Cape Cod 1980 9 3 3 0 6616 Gas 0.41 Asph/F Gls/Cmp $668,700 $215,900 $106,000 $990,600
I) 149 East Bay Road 0.8 6/24/2024 $4,572,500 2,439 1.5 $1874.74 Cape Cod 1958 7 4 3 1 5727 Gas 0.96 Wood Shingle $536,700 $1,704,200 $65,400 $2,306,300
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 28 Tea Lane 11/7/2016 $10 0 Cape Cod 3,028 1.35 3 2-1 -
  Criteria
A 117 Spice Lane 6/7/2024 $1,950,000 0.1 Cape Cod 2,386 0.3 4 3-0
B 60 Deerfield Road 6/6/2024 $1,375,000 0.2 Modern/Contemp 3,080 0.61 4 3-0
C 179 Robbins Street 8/16/2024 $1,200,000 0.2 Colonial 2,379 0.28 4 2-1
D 200 Sturbridge Drive 7/17/2024 $1,200,000 0.3 Cape Cod 2,458 0.44 3 2-1
E 58 Evans Street 7/30/2024 $1,500,000 0.3 Cape Cod 2,360 0.3 3 3-0
F 52 David Street 9/30/2024 $1,400,000 0.3 Colonial 2,534 0.33 3 3-0
G 290 Starboard Lane 6/11/2024 $3,050,000 0.5 Colonial 3,576 1.61 5 3-0
H 35 Waterfield Road 6/27/2024 $1,300,000 0.7 Cape Cod 2,631 0.41 3 3-0
I 149 East Bay Road 6/24/2024 $4,572,500 0.8 Cape Cod 2,439 0.96 4 3-1
Averages 86 days $1,949,722 0.38 --- 2,649 0.58 --- ---  

Estimation of Market Value - $2,092,178

As of today, 10/05/2024, the estimated market value of 28 Tea Lane, Osterville considering the above 9 comparable properties is $2,092,178.

 

In estimating the current market value, RealtyInSite follows the sales comparison (market) approach which is an approach based on the principles of supply and demand (principle of change) and the principle of substitution. The principle of substitution assumes that a prudent person will pay no more for a property than it would cost to purchase a comparable substitute property.

 

Comparable sales data are applied to arrive at an estimate of value. By default, comparable properties are those properties located within 1 mile of the subject property that have sold within the last 6 months and have a similar size of living area. The table shown above lists the comparable properties that were considered. Note that which properties are considered comparables can be adjusted by varying the selection criteria or deleting non-representative properties.

Neighboring Properties
Mailing Labels
  • Total Appraisal
  • Building Appraisal
  • Land Appraisal
  • Last Sale Price
  • Net Living Area
  • Number of Bedrooms
  • Lot Size
  • Year Built
# Address Last Sold Sale Price Dist(m) Style LA (sq ft) Lot(ac) BR F-HB
@ 28 Tea Lane 11/7/2016 $10 0 Cape Cod 3,028 1.35 3 2-1 -
  Criteria
A 25 Nutmeg Lane 6/16/2023 $950,000 0.0 Ranch 1,776 1.36 3 2-0
B 8 Tea Lane 7/13/2006 $1,340,000 0.0 Cape Cod 3,407 0.69 4 4-1
C 41 Fortes Way 2/23/1993 $121,000 0.0 Cape Cod 1,791 0.55 2 2-0
D 21 Tea Lane 3/27/2009 $0 0.0 Cape Cod 1,781 1.86 3 2-0
E 49 Fortes Way 11/3/1980 $0 0.0 Vacant Land 0.54 -
F 27 Fortes Way 2/13/2009 $1 0.1 Cape Cod 1,379 0.69 3 2-0
G 19 Nutmeg Lane 9/25/2015 $459,500 0.1 Ranch 1,852 0.85 2 2-0
H 61 Fortes Way 5/27/1980 $0 0.1 Ranch 1,144 0.91 3 2-0
I 11 Tea Lane 9/3/1999 $377,500 0.1 Ranch 1,965 0.79 3 2-0
J 31 Fortes Way 12/18/2020 $350,000 0.1 Cape Cod 768 0.43 2 1-0
K 23 Fortes Way 11/22/2006 $1 0.1 Cape Cod 3,334 0.82 3 3-1
L 107 Parsley Lane 1/4/2008 $635,000 0.1 Ranch 2,186 0.4 3 2-1
M 24 Nutmeg Lane 12/17/1998 $392,000 0.1 Colonial 3,061 1.43 4 2-1
N 117 Parsley Lane 11/16/2018 $685,000 0.1 Cape Cod 1,872 0.36 3 2-0
O 75 Fortes Way 12/17/1996 $2,000 0.1 Vacant Land 0.82 -
P 7 Curry Lane 5/9/2017 $620,000 0.1 Cape Cod 1,576 0.37 3 2-1
Q 129 Parsley Lane 10/2/2020 $885,000 0.1 Colonial 2,324 0.34 4 3-0
R 8 Nutmeg Lane 2/20/1980 $0 0.1 Ranch 1,992 0.91 3 2-1
S 16 Curry Lane 5/21/2002 $1 0.1 Cape Cod 1,176 0.83 2 1-0
T 6 Ginger Lane 7/29/2014 $100 0.1 Cape Cod 2,784 0.32 5 4-0
U 48 Fortes Way 5/25/2017 $100 0.1 Raised Ranch 1,248 0.67 3 3-0
V 34 Fortes Way 7/6/2011 $10 0.1 Ranch 1,144 0.66 3 1-1
W 117 Spice Lane 6/7/2024 $1,950,000 0.1 Cape Cod 2,386 0.3 4 3-0
X 18 Ginger Lane 7/23/1992 $159,000 0.1 Cape Cod 1,776 0.34 4 2-0
Y 336 Old Mill Road 4/14/2023 $995,000 0.1 Cape Cod 2,434 1.05 4 2-1
Z 62 Fortes Way 11/14/2007 $0 0.1 Ranch 960 0.91 3 2-0
- 314 Old Mill Road 3/31/2020 $1 0.1 Ranch 2,234 1.01 5 3-1
- 29 Curry Lane 1/10/2012 $575,000 0.1 Ranch 2,022 0.46 4 3-0
- 302 Old Mill Road 7/31/1989 $1 0.1 Ranch 1,456 1.17 3 1-0
- 141 Parsley Lane 4/27/2023 $860,000 0.1 Ranch 1,868 0.35 2 2-0
- 18 Fairwinds Drive 9/22/2006 $1,200,000 0.1 Cape Cod 3,366 1.09 4 3-1
- 30 Ginger Lane 5/22/2020 $1 0.1 Cape Cod 1,603 0.34 2 2-0
- 14 Fortes Way 11/15/1982 $10,000 0.1 Cape Cod 1,727 0.51 4 3-0
- 117 Sturbridge Drive 11/20/2013 $1 0.1 Cape Cod 2,056 0.34 3 2-1
- 82 Fortes Way 7/13/2018 $1 0.1 Raised Ranch 1,075 1.01 3 2-0
- 44 Curry Lane 9/13/2013 $755,000 0.1 Cape Cod 2,872 1.4 3 2-1
- 57 Curry Lane 4/18/2019 $500,000 0.1 Ranch 2,108 0.36 3 3-1
- 107 Spice Lane 10/31/2023 $1,040,000 0.1 Conventional 2,268 0.36 3 2-1
Averages 5917 days $391,085 0.09 --- 1,862 0.73 --- ---  
DISCLAIMER: The information in this report was collected from the concerned Assessors Office and Registry of Deeds.  Compu-Links disclaims any and all representations or warranties as to the accuracy of this information
142-158 28 Tea Lane